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Arco Vara AS sells 100 per cent shares in subsidiary to Stratcorp Ltd


Monday, 17 Feb 2014 10:17am EST 

Arco Vara AS:Announces that it has sold 100 percent of shares of subsidiary company Arco Ehitus to Stratcorp Ltd.Says sale price of shares consists of two parts; at the transfer of ownership 10 thousand euros.Says buyer will pay 30 per cent of proceeds of two legal disputes-with Ministry of Education and Research and with Loksa Haljastus Ltd. Dividend income tax will be paid on profeeds.Says according to sales agreement company will not continue under name of Arco Ehitus Ltd. 

Company Quote

5.0
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18 Dec 2014